Atb Cap Markets Downgrades Ag Growth International (TSE:AFN) to Hold

Ag Growth International (TSE:AFN) was downgraded by equities research analysts at Atb Cap Markets from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports. Atb Cap Markets also issued estimates for Ag Growth International’s Q2 2026 earnings at $1.33 EPS and FY2027 earnings at $6.61 EPS.

Other research analysts have also recently issued research reports about the company. Royal Bank of Canada lowered their price objective on Ag Growth International from C$80.00 to C$75.00 in a research note on Thursday, November 7th. ATB Capital cut Ag Growth International from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$79.00 to C$63.00 in a research note on Tuesday. TD Securities lowered their price objective on Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating for the company in a research note on Tuesday. CIBC lowered their price objective on Ag Growth International from C$72.00 to C$61.00 in a research note on Tuesday. Finally, Raymond James lowered their price objective on Ag Growth International from C$62.00 to C$52.00 in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$67.25.

Ag Growth International Stock Down 4.3 %

Shares of TSE:AFN opened at C$39.78 on Tuesday. The stock has a fifty day simple moving average of C$51.28 and a two-hundred day simple moving average of C$52.61. The stock has a market capitalization of C$758.60 million, a price-to-earnings ratio of 26.17, a PEG ratio of 1.30 and a beta of 2.29. Ag Growth International has a 12-month low of C$39.69 and a 12-month high of C$64.51. The company has a current ratio of 1.49, a quick ratio of 0.84 and a debt-to-equity ratio of 298.35.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.